{"id":57,"date":"2026-10-16T10:00:00","date_gmt":"2026-10-16T10:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/ellatumakova-com\/2026\/10\/16\/canadian-home-sales-slide-6-9-yearly\/"},"modified":"2026-10-16T10:00:00","modified_gmt":"2026-10-16T10:00:00","slug":"canadian-home-sales-slide-6-9-yearly","status":"publish","type":"post","link":"https:\/\/www.ellatumakova.com\/blog\/2026\/10\/16\/canadian-home-sales-slide-6-9-yearly\/","title":{"rendered":"Canadian Home Sales Slide 6.9% Yearly"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/ella-tumakova-prec-269920\/canadian-home-sales-remotion-videos-361b\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>The latest mid-Q3 numbers reveal a notable shift: Canadian home sales dropped about 1% month-over-month and nearly 7% compared to last year. Price growth has paused, with the national price index flat month-over-month and down roughly 3% year-over-year, while new listings actually rebounded 3% after several months of decline. The sales-to-new listings ratio now sits at 49%, easing further from the early Q3 mark of 51%, and well below the long-term average of 55% across Canada. These changes reflect what many of you have been feeling\u2014economic uncertainty and the reality of higher mortgage costs are shaping decisions for buyers and sellers alike. Economists note that inflation risks and concerns about recent economic growth are impacting the overall market backdrop, while higher bond yields have pushed fixed mortgage rates upward. At this stage, markets are pricing in a 60% chance of a rate hike in early Q4, and more than a percentage point of additional tightening by 2027. As someone who prioritizes both the financial and emotional interests of my clients, I know navigating this landscape requires careful planning, patience, and a clear understanding of your goals. If you\u2019re considering your next move, taking a thoughtful, data-driven approach remains more important than ever.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The latest mid-Q3 numbers reveal a notable shift: Canadian home sales dropped about 1% month-over-month and nearly 7% compared to last year. Price growth has paused, with the national price index flat month-over-month and down roughly 3% year-over-year, while new listings actually rebounded 3% after several months of decline. The sales-to-new listings ratio now sits [&hellip;]<\/p>\n","protected":false},"author":516,"featured_media":58,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-57","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.ellatumakova.com\/blog\/wp-json\/wp\/v2\/posts\/57","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ellatumakova.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ellatumakova.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ellatumakova.com\/blog\/wp-json\/wp\/v2\/users\/516"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ellatumakova.com\/blog\/wp-json\/wp\/v2\/comments?post=57"}],"version-history":[{"count":0,"href":"https:\/\/www.ellatumakova.com\/blog\/wp-json\/wp\/v2\/posts\/57\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ellatumakova.com\/blog\/wp-json\/wp\/v2\/media\/58"}],"wp:attachment":[{"href":"https:\/\/www.ellatumakova.com\/blog\/wp-json\/wp\/v2\/media?parent=57"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ellatumakova.com\/blog\/wp-json\/wp\/v2\/categories?post=57"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ellatumakova.com\/blog\/wp-json\/wp\/v2\/tags?post=57"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}